“Identifiable charge” means a charge for consumer credit insurance that is made to debtors who have that
insurance and not made to debtors who do not have that insurance. The term includes a charge for insurance that is disclosed in the credit agreement
or other instrument furnished to the debtor which sets forth the financial elements
of the credit transaction and any difference in the finance, interest, service or
other similar charge made to debtors who are in similar circumstances except for the
insured or noninsured status of the debtor or of the property used as security for
the credit transaction.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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